#3
The House of Saud — $1.4 Trillion (Saudi Arabia)
$1.4T sovereign fund. Aramco: $161B profit/year. 15,000 family members.
The House of Saud's $1.4 trillion wealth derives from controlling Saudi Arabia's sovereign wealth fund (PIF) and Saudi Aramco, which posted $161 billion in profit in 2022—more than Apple's entire net income. Crown Prince Mohammed bin Salman deployed PIF to buy Newcastle United, invest in Uber, and launch NEOM, a $500 billion desert megacity. With 15,000 family members drawing $2 billion in monthly stipends, this is a petrostate run as a family business.
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